Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:
If your company is delisted, you will find confirmation in the company record by searching on the company name or code above.
Here are the most recent companies delisted from ASX. A full list can be downloaded by clicking in the box at the foot of the list.
Last 10 companies delisted from ASX |
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COMPANY | DATE DELISTED | REASON |
WHITE ROCK MINERALS LIMITED (WRM) | 18 Mar 24 | we understand ASX removed the company from listing because it failed to lodge documents with ASX for a continuous period of one year after they were due |
BLACK MOUNTAIN ENERGY LTD (BME) | 15 Mar 24 | we understand the company delisted because of the disparity between share price and underlying value, difficulty in raising funds, market liquidity, listing costs, management time and potential to unlock value in the Valhalla Project |
LITHIUM POWER INTERNATIONAL LIMITED (LPI) | 15 Mar 24 | we understand a wholly-owned subsidiary of Corporacion Nacional del Cobre de Chile, Salar de Maricunga SpA, acquired 100% of the share capital with LPI shareholders receiving the Scheme consideration of A$0.57 cash for each LPI Share on Thursday, 7 March 2024 |
WHISPIR LIMITED (WSP) | 06 Mar 24 | we understand Soprano Design Technology (Australia) Pty Ltd was successful with an offer of $0.55 cash per Whispir share |
DIVERGER LIMITED (DVR) | 04 Mar 24 | we understand Count Limited acquired 100% of the shares in Diverger with shareholders receiving for each of their shares $1.20 cash (less a permitted dividend of $0.10) or 2.16 Count shares (less the permitted dividend of $0.10) or the "Default" consideration of $0.40 cash (less the permitted dividend of $0.10) and 1.44 Count shares |
CANN GLOBAL LIMITED (CGB) | 01 Mar 24 | we understand ASX removed the company from listing because it failed to lodge documents with ASX for a continuous period of one year after they were due |
ROTO-GRO INTERNATIONAL LIMITED (RGI) | 01 Mar 24 | we understand ASX removed the company from listing because it failed to lodge documents with ASX for a continuous period of one year after they were due |
SYMBIO HOLDINGS LIMITED (SYM) | 29 Feb 24 | we understand Aussie Broadband was successful with an offer where the following was the consideration paid for the shares: Default ($1.91 cash and 0.192 ABB shares), Max. cash ($2.3174 and 0.0881 ABB shares), 100% scrip (0.6792 ABB shares) |
COSTA GROUP HOLDINGS LIMITED (CGC) | 27 Feb 24 | we understand that Paine Schwartz Partners, LLC, Driscoll's, Inc and British Columbia Investment Management Corporation acquired all of the ordinary shares in Costa, that they and their Associates did not already own, for $3.20 per share |
PEPPER RESIDENTIAL SECURITIES TRUST NO. 23 (PU1) | 26 Feb 24 | we understand the Trust was delisted following redemption of the A$100,000,000 Class A1-a Floating Rate Notes due 18 August 2060 and A$109,000,000 Class A2 Floating Rate Notes due 18 August 2060 (ASX Codes: PU1HA and PU1HB) on Tuesday, 20 February 2024 |
Download delisted companies calendar years 1996-2023
Please click on the appropriate year below to see in csv format, companies delisted in that calendar year along with the date, official ASX reason and our explanation for the delisting. (Note that our explanation includes the amount of consideration payable to shareholders where a company has been taken over or merged.)
1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 |
2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
ALL (1996 to 2023) |
Delisted explained
Approximately 6,500 companies have been delisted from the Australian Stock Exchange (or the state-based exchanges), Newcastle Stock Exchange and Bendigo Stock Exchange over the past 100 odd years. During that period there have also been more than 5000 changes of company name.
These companies, the date and the reason for the delisting, feature on our website.
As far as is possible, our record for delisted companies is "frozen" at the point of delisting from an exchange. Depending on company developments after delisting, you may find current items in "News & Events" within the company record. You should realise other data within the company record may no longer be valid; the company may subsequently have changed its legal status and even be deregistered. If deregistered, it has ceased to exist.
Why was your company delisted?
Most companies are delisted either because they are acquired by another company, merge with another company, their securities mature or their business fails.
Shareholders should also note that entities do change their name and many have had multiple names. They are then of course listed under their new name and no longer under their previous name.
According to the Australian Stock Exchange Listing Rules, a company may be removed from the official list:
If it asks to be removed (ASX may impose conditions).
If in the opinion of ASX:
It breaks a listing rule or is unwilling or unable to comply with a rule.
It has no quoted securities.
It is appropriate for some other reason (see in particular the Guidance Notes for details).
Following the issue of compulsory acquisition notices and previous suspension of securities under Listing Rule 17.4 or Listing Rule 17.4A.
Its securities have been suspended from quotation for a continuous period of 2 years.
If it fails to pay listing fees.
Note that you can view the detail of these listing rules by clicking here.
Delisting and company failure
The majority of companies are delisted because of takeover, merger, the maturity of securities, the illiquidity of securities, listing costs, failure to pay listing costs and business failure.
Business failure also lies behind many "changes of activity" where companies fail with one activity and formally adopt another. Sometimes a change of name reflects an attempt to disassociate from past failures. Both are classic cases of failure masked by events other than a delisting. The share price usually reflects these failures.
Many small companies fail and actually go into administration, where they are reconstructed and recapitalised. They later emerge with either the same name or a different name. If not delisted, there is hardly any sign of the failure. Only the shareholders concerned are painfully aware. Their capital has been savagely diluted and their shares are practically worthless.
Larger companies that fail such as Pasminco, HIH Insurance, ABC Learning, Babcock & Brown, are of course eventually delisted, liquidated and deregistered.
Finding your company
If your company has been delisted there are three ways of finding it:
If you are unable to find your company or the information is incomplete or incomprehensible we recommend you send us a message and we will try to assist.
HELP PLEASE
deListed and InvestoGain are largely the result of voluntary effort. We welcome input and updates from investors, company officers, insolvency practitioners, regulatory bodies, registries and others to admin@delisted.com.au.
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